OIS
Abbreviation with 3 meanings
| Stands for | Optical image stabilization |
|---|---|
| Meanings | 3 |
| Categories | Technology & Computing, Government & Politics, Business & Finance |
OIS has three meanings. The most common are Optical image stabilization (consumer electronics) and Officer-involved shooting (police); it can also stand for Overnight index swap.
Meanings of OIS at a glance
| # | OIS stands for | Context |
|---|---|---|
| 1 | Optical image stabilization | Technology & Computing › Consumer Electronics |
| 2 | Officer-involved shooting | Government & Politics › Police |
| 3 | Overnight index swap | Business & Finance › Bond & Fixed-Income |
1. Optical image stabilization
Technology & Computing · Consumer Electronics Abbreviations
System that physically moves a lens element or the sensor to counteract hand shake, using gyroscope data, producing sharper photos at slow shutter speeds and steadier video. Most mid-range and flagship phones and many camera lenses include it.
Example: Thanks to OIS, the night photo came out sharp even at a half-second exposure.
Canon released the first image-stabilized interchangeable lens in 1995; Nikon calls its version VR (vibration reduction) and Sony uses OSS. In-body image stabilization (IBIS) moves the sensor instead of lens elements. Nokia's Lumia 920 (2012) helped popularize OIS in phones. OIS works on any shot, unlike software stabilization, which crops the frame.
2. Officer-involved shooting
Government & Politics · Police Abbreviations
Incident in which a police officer fires a weapon at a person, whether or not anyone is hit. OIS cases are usually reviewed by a specialized unit, prosecutors or an outside agency.
Example: The state bureau of investigation will handle the OIS investigation, per department policy.
Critics argue the phrase is passive and obscures who fired. Many agencies release video and preliminary details within days of an OIS. Databases maintained by news organizations count about 1,000 fatal police shootings a year in the US.
3. Overnight index swap
Business & Finance · Bond & Fixed-Income Abbreviations
Interest rate swap in which one party pays a fixed rate and the other pays a floating rate compounded from an overnight benchmark, such as SOFR, SONIA or €STR, over the swap's term. OIS rates reveal market expectations for central bank policy rates.
Example: OIS pricing implies traders expect two quarter-point cuts by year-end.
The spread between LIBOR and OIS was a widely watched gauge of bank stress during the 2008 crisis. With LIBOR retired, swaps referencing overnight risk-free rates have become the core of the swap market. OIS curves are also used to discount collateralized derivative cash flows.
Related abbreviations
More consumer electronics abbreviations
- Mini-LED – Mini light-emitting diode backlight
- MP – Megapixel
- MR – Mixed reality
- NTSC – National Television System Committee
- OLED – Organic light-emitting diode
- OSD – On-screen display
- OTA – Over-the-air broadcasting
- PAL – Phase Alternating Line
See all 104 consumer electronics abbreviations →